Preview

An investigation into factors of affecting online shopping within China on college students

Powerful Essays
Open Document
Open Document
3757 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
An investigation into factors of affecting online shopping within China on college students
Content

1. Project title
An investigation into factors of affecting online shopping within China on college students

2. Research Context
With the proliferation of using internet,the way of living and working has increasingly changed, such an environment enables people to gain information such as pictures, videos, news and knowledge as well as purchase goods through internet. So, The proportion of E-shopping has been consistently growing. Internet World States (2010) reports that China is the world’s largest Internet market. According to “China Internet network information center” (CNNIC) reported that in 2009 the number of Chinese online shoppers is108 million with 45.9% annual growth rate. At present the rate of online shopping has reached to 28.1% from 22.1% at the end of 2007. However, which group of people are the main customers to shop online and what factors drive these people to purchase on the internet? A survey did by Iresearch ( Iresearch is a company that focuses on internet media, e-commerce, online games and other new economic fields, it studies in-depth of understanding of consumer and provides market research for network industry) company reveals that the users group between the ages of 18 and 30 are Chinese main online shopping customers. Due to higher level of education among college students, and the use of internet become adept, they have more demand for the products online, their expected income in the future is relatively high, so they are more likely to dominate the future network consumption.

Additionally, relevant surveys reveal that 32.3% of internet users are students by the end of 2006. The total amount of students’ online shopping in six months is 3.1 billion which accounts for one quarter of those of non-students by the end of July, 2008. (Su, D. & Huang, X.2011). Meanwhile, the competition between all kinds of e-commerce website is fierce. Constantinides, (2004) suggests that understanding the process of

You May Also Find These Documents Helpful

  • Best Essays

    Is535 Final Course Project

    • 3651 Words
    • 15 Pages

    The first key to starting a successful online business is to first understand ecommerce and how it operates. Most people understand that ecommerce or electronic commerce refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, it stretches beyond just the buying and selling of goods; it also includes an online process of developing, marketing, selling, delivering, servicing and paying for products and services. “The use of commerce is conducted in this way, spurring and drawing on innovations in electronic funds transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction 's life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices and telephones as well”. (Electronic Commerce, modified November 2011, Wikipedia). Today it is said to be over 29.7 billion pages on the World Wide Web. Ecommerce today has gained so much popularity because its core technologies are constantly evolving and keeping up with a technology based world. Each year the number of ecommerce deals grows tremendously. The sales volumes of on-line stores run in a more than comparable race with physical retail stores.…

    • 3651 Words
    • 15 Pages
    Best Essays
  • Best Essays

    Schneider, G. (2015). Electronic Commerce (11th ed.). (A. Brodkin, Ed.) Stamford, CT, USA: Cengage Learning. Retrieved May 28, 2015, from www.cengage.com…

    • 1383 Words
    • 4 Pages
    Best Essays
  • Better Essays

    Netflix - Strategic Plan

    • 2229 Words
    • 9 Pages

    Schneider, Gary P. (2004). Electronic Commerce: The Second Wave. Fifth Annual Edition, Published by Course Technology. Copyright © 2004 by Course Technology, a division of Thomson Learning, Inc.…

    • 2229 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    “E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers, which are linked to each other forming a network. To be specific, ecommerce would be buying and selling of goods and services and transfer of funds through digital communications” (Benefits of Ecommerce", 2007).…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    There are many different business trends shaping e-commerce today. For one, ecommerce remains the fastest growing form of commerce when compared to physical retain store, services, and entertainment. Another trend is that the online demographics of shoppers broaden to match those of ordinary shoppers. Also, small businesses and entrepreneurs continue to flood through the e-commerce marketplace, often riding on the infrastructures created by industry giants and increasingly taking advantage of cloud-based computing resources. Lastly, pure e-commerce business models are refined further to achieve higher levels of profitability, whereas traditional retail brands use e-commerce to retain their dominant retail positions.…

    • 1925 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Schneider, G. (2015). Electronic Commerce (11th ed.). (A. Brodkin, Ed.) Stamford, CT, USA: Cengage Learning. Retrieved May 28, 2015, from www.cengage.com…

    • 1877 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Schneider, G. (2004). Electronic commerce: the second wave. University of Phoenix Custom Edition e-text. Retrieved May 5, 2007, from University of Phoenix rEsource https://emapus,phoenix.edu/secure/resource/resource.asp…

    • 1309 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    The Gartner Group estimates that firms creating e-commerce sites spend $1 million in the first five months, and $20 million for a place in cyberspace that sets them apart from the competition. These costs are projected to increase at a rate of over 25% per year over the next two years. An examination of the annual reports of Online Higher Education…

    • 2195 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Transacting goods and services via the Internet, better known as E-tailing is as popular as traditional shopping, and steadily becoming more popular globally; countless options are available to consumers via this method of shopping. Specifically, this method of shopping is increasing in popularity in part to attractive benefits, such as availability, pricing, time savings, and personal exertion. Theses benefits are causing the E-commerce market to become extremely competitive, resulting in retailers giving constant attention to marketing; acquiring new customers and retaining fixtured customers. Analysis of consumer behavior is vital to the existence of electronic retailers because they need to understand the consumers thought processes prior to a customer making a purchase, so the E-retailer can assist them with any needs in regard to purchasing, retuning, and exchanging or inquiring about goods and services.…

    • 1415 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    References: Cao, K. Z., 1999. “Electronic Commerce: Opportunity and Challenge of China,” Marketing and Demographic Analysis, 9…

    • 3111 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    There are a growing number of people choosing online shopping and this growing trend has emerged all over the world over the last few decades. Online shopping is defined as “The act of purchasing products or services over the Internet” (Business dictionary, 2012). Similarly, iResearch (2011) defines it as “The process of transferring commodities or services from the merchant/seller to individual users (consumers) via the Internet. Such a process is called online shopping if any of its capital flow, logistics, or information flow involves the Internet.” Benefiting from the rapid economic growth and the development of the Internet, online shopping has become increasingly prevalent in China. The amount of transactions in online shopping, accounts for 1.1% in 2008 rising to 3.3% in 2010 of China’s total retail sales of consumer goods (CNNIC, 2011). Moreover, the latest report illustrates that up to December 2012, the number of net citizens in China reached…

    • 3123 Words
    • 13 Pages
    Best Essays
  • Best Essays

    China’s Internet population increased at the end of 2012 to a total number of 564 million users compared to approximately 250 million users in 2008, according to the China Internet Network Information Center (CNNIN).2 The main reasons for this enormous growth is strongly connected with different aspects, as for instance the general growth of Gross-Domestic-Product (GDP), lower priced computers, more affordable telecom connection fees, government support to Internet usage, and low-cost entertainment aspects. This affected, that also lower income groups started to use the Internet.3 Answering to this fast development and growth of Chinas Internet population, the Internet service industry is about to increase up to 17 percentages in 2013. In the last years, the Internet service industry achieved even annual growing rates up to 20 percentages, resulting of the booming demand. The Internet market seems to be quite satisfied for the moment but even in the next years researches forecast an annual growth of approximately 10 percentages. This is due to the expansion of existing offers in the area of e-commerce and advertisement services.4 Observing the numbers, 148 million people have already experienced Internet shopping since 2010 and it is expected that 30 million people will additionally make use of it by the end of 2015.5 The Economist stated, “the future of e-commerce is China”.6 Besides the e-commerce and advertisement services also the application services became more and more important over the last years because of the introduction of smartphones and…

    • 3058 Words
    • 13 Pages
    Best Essays
  • Good Essays

    The Internet has been developing for three decades eventually during the mid-nineties, the commercial use of the internet triggered high expectations in both executives and investors. (Brache and Webb, 2000; White, 2000; Senn, 2000) Online shopping is broadly defined as an activity that includes finding online retailers and products, searching for product information, selecting payment options and communicating with other consumers and retailer as well as purchasing products or services. Therefore, online shopping is one of the most important online activities. It has also made significant contributions to the economy. (Cai,Y. and Cube, B.J. 2008) according to Verdict (2007), In 2006 online spending grew by 33.4% to £10.9bn and it predicts that in the UK online spending will reach £28.0bn in 2011.Even in the time of recession, for instance, in the UK, online shopping volumes are continuing with double-digit growth (IMRG,2008), whereas the performance of traditional shopping is unsatisfactory. It has a wide…

    • 442 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Pest Analysis of Jata

    • 378 Words
    • 2 Pages

    According to population growth rate in Klang Valley, we believe it will continuously increase as there are more youngster coming to city to worker. There are approximately 7.2 million population in 2012, 27% of the population from the age group of 0-15 years old, and 67% are of the working age group of 15-59 years old and 6% are of 60 years old and above. The statistic of Malaysian Online Shopping from International Data Corporation Malaysia shows that the amount of internet buyers in 2008 has increased from 7.4 million to 10.5 million in 2012. Moreover, we find out that 88.8% of the internet buyers are from the age group of 21-50 years old. The number of working parents is also increasing drastically, as the living cost is increasing. We believe the service we offer will be favorable to working parents and busy people.…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Online shopping gradually appears in people’s lives, especially in college students’ life. “Online shopping is the process whereby consumers buy goods or services directly from a seller in real time over the Internet. Online shopping environments are, therefore, playing an increasing role in the relationship between marketers and their consumers” (Demangeot & Broderick, 2007).…

    • 725 Words
    • 3 Pages
    Good Essays